Markets have all turned back higher midday, shaking off the negative outside markets....except cotton. What else are we trading? Shawn Hackett of Hackett Financial Advisors has analysis.
Ag Markets Turn Mostly Higher Midday Shaking Off Outside Markets....Except Cotton
Markets have all turned back higher midday, shaking off the negative outside markets....except cotton. What else are we trading? Shawn Hackett of Hackett Financial Advisors has analysis.
February 17, 2023 11:33 AM
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DuWayne Bosse of Bolt Marketing says the trade action Friday was disappointing in corn and soybeans after key reversals on Thursday.
Scott Varilek with Kooima Kooima Varilek says cattle futures were seeing some profit taking early Friday as they are overbought. However, futures haven’t stayed down long with the strength in the cash market.
Don Roose of U.S. Commodities says talk of China buying U.S. corn and soybeans helped spur the rally, but it was a combination of factors.
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